Southern California MLS Inventory Grows

Dr. Housing Bubble is reporting a lot of real estate inventory in Southern CA is going to MLS finally

Downtown Los Angeles
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Southern California’s  MLS inventory is growing, thanks to distressed homes.  That’s from a report coming in from Dr. Housing Bubble, one of our most fav blogs.

Dr. Housing Bubble says that these distressed homes were supposed to have been put in a loan modification program called HAMP. The ambitious plan was to help upwards of 4 million distressed homeowners but it didn’t reach anywhere near that goal.

What do you do with all that inventory that is now piling up?

How about the good ole MLS?

So these properties are in the MLS now but does that mean prices will come down soon?

Read Dr. Housing Bubble’s detailed analysis of the Southern California housing market opportunities.

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